Doing all of that work just for yourself is going to be a huge undertaking. Runways have to be really smooth, which in your case means a couple of full days of heavy equipment work and a load or two of sand minimum. You'll also need to grass it and maintain it. If you don't pack the dirt well enough after moving it around you'll have to regrade everything in a year or two. Alternately, there is a club about 35 miles from you in Pine Bluff. You could probably pay for your membership and travel expenses there for 10 years or longer for what it will cost you to do the initial work on your private field. Of course, if you're thinking about starting a club locally, then more power to ya.